上海汽配(603107) - 2025 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2025 was CNY 489,474,651.74, representing a year-over-year increase of 4.43% compared to CNY 468,711,943.50[4] - The net profit attributable to shareholders decreased by 1.42% to CNY 45,628,045.06 from CNY 46,285,190.05 in the same period last year[4] - The total profit for the first quarter of 2025 is CNY 55,059,013.05, compared to CNY 57,310,221.42 in the same period of 2024, reflecting a decrease of approximately 3.9%[20] - The net profit attributable to the parent company is CNY 45,628,045.06, slightly down from CNY 46,285,190.05 in the previous year, indicating a decline of about 1.4%[20] - The comprehensive income total for the first quarter is CNY 44,695,762.03, down from CNY 47,046,644.78 year-over-year, representing a decrease of approximately 4.8%[20] Cash Flow - The cash flow from operating activities was CNY 9,984,434.57, down 21.47% from CNY 12,713,559.40[4] - Cash inflows from operating activities for Q1 2025 amount to CNY 565,811,020.08, an increase from CNY 552,375,024.94 in Q1 2024, showing a growth of about 2.4%[21] - The net cash flow from operating activities is CNY 9,984,434.57, down from CNY 12,713,559.40 in the previous year, indicating a decline of approximately 21.5%[21] - Cash outflows from investing activities total CNY 25,896,791.83, significantly lower than CNY 62,544,688.19 in Q1 2024, reflecting a decrease of about 58.6%[22] - The net cash flow from investing activities is -CNY 23,951,043.92, an improvement compared to -CNY 62,450,218.19 in the same quarter last year[22] - The net cash flow from financing activities is -CNY 119,069,346.57, a substantial increase in outflows compared to -CNY 11,205,282.50 in Q1 2024[22] - The ending cash and cash equivalents balance is CNY 765,757,707.79, down from CNY 1,034,880,411.97 year-over-year, indicating a decrease of approximately 26.0%[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,638,061,241.71, a decrease of 5.51% from CNY 2,791,986,601.19 at the end of the previous year[5] - Total assets as of March 31, 2025, were CNY 2.64 billion, down from CNY 2.79 billion at the end of 2024, a decrease of 5.5%[16] - Total liabilities decreased to CNY 515.42 million as of March 31, 2025, from CNY 714.04 million at the end of 2024, a decline of 27.8%[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 32,178[10] - The largest shareholder, Shanghai Automotive Air Conditioner Factory Co., Ltd., holds 33.18% of the shares, totaling 111,917,496 shares[10] Earnings and Expenses - The basic earnings per share remained unchanged at CNY 0.14, with diluted earnings per share also at CNY 0.14[4] - The weighted average return on equity decreased by 0.12 percentage points to 2.17% from 2.29%[5] - Operating costs for Q1 2025 were CNY 442.41 million, up from CNY 420.93 million in Q1 2024, reflecting a year-over-year increase of 5.8%[19] - Operating profit for Q1 2025 was CNY 54.93 million, slightly down from CNY 57.56 million in Q1 2024, indicating a decrease of 3.8%[19] - Research and development expenses increased to CNY 16.92 million in Q1 2025, compared to CNY 12.92 million in Q1 2024, marking a rise of 31.0%[19] - The company recognized a one-time expense of CNY -1,200,000.00 due to non-continuing operating activities, such as employee relocation costs[7] - The net credit impairment loss was CNY 4.92 million in Q1 2025, compared to CNY 5.95 million in Q1 2024, a decrease of 17.3%[19]